We consider the pricing of a uniformly mixed pollutant with a model of optimal, possibly firm-specific, emissions taxes and their enforcement under incomplete information about firms' abatement costs, enforcement costs, and pollution damage. We argue that optimality requires an enforcement...

Territorial Use Rights (commonly known as TURFs in the literature) consists in the allocation of fishing rights to individuals and/or groups to fish in certain geographical locations. A requisite for these communities to be granted fishing rights is the formulation of a management and...

We consider the pricing of a uniformly mixed pollutant when enforcement is costly with a model of optimal, possibly firm-specific, emissions taxes and their enforcement. We argue that optimality requires an enforcement strategy that induces full compliance by every firm. This holds whether or...

El objetivo de este artículo es ligar la obra de Veblen sobre economía evolutiva con el enfoque de la recientemente desarrollada teoría de juegos evolutivos (TJE). Este es el primer paso en la incorporación de la teoría de evolución socioeconómica de Veblen en la discusión sobre la...

In several countries governments fund childcare provision, but in many others it is privately funded as labour regulation mandates that firms have to provide childcare services. For this latter case, there is no empirical evidence on the effects generated by the financial burden of childcare...

We propose a model of strong reciprocity and trust that combines elements of personality psychology and behavioral economics. In the model, positive reciprocity and negative reciprocity are components of individual utility functions, while trust is an individual bias that distorts the beliefs...

Innovation in Latin America is a challenge for achieving development. Several Latin American countries and businesses are attempting to increase innov ation and entrepreneurship but they face substantial challenges and difficulties. Institutional, governmental and business policies and practices...

La pregunta básica de investigación detrás de este trabajo es cómo difiere la valoración económica de un bien ambiental considerando beneficiarios circundantes(quienes viven cerca del bien en cuestión) y no circundantes (quienes habitando el país donde se encuentra el bien, viven en...

A neglected aspect of ecological economics is the link to the social context. The socio-economic perspective extends standard economic analysis into concerns for distribution, ethics and the power of institutions which form and implement policy. We explore how an institutional perspective on...

La presente investigación tiene dos objetivos básicos. Primero, se utilizarán elementos de la Teoría de Juegos Evolutivos para evaluar la estabilidad de distintos tipos de preferencias en el contexto de la explotación de un recurso de propiedad común. En particular, analizaremos la...